Nordea Bank Abp (OCSE:NDA DK) Cyclically Adjusted Revenue per Share: kr26.48 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCSE:NDA DK Nordea Bank Abp OCSE:NDA DK
59 GF Score
Price kr131.45
GF Value kr88.61
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nordea Bank Abp Cyclically Adjusted Revenue per Share?

Nordea Bank Abp OCSE:NDA DK -1.28% 59 Cyclically Adjusted Revenue per Share is kr26.48 as of Jun. 2026. GuruFocus rates OCSE:NDA DK with a GF Score™ of 59/100 and a GF Value™ of kr88.61 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Nordea Bank Abp's adjusted revenue per share for the three months ended in Jun. 2026 was kr13.330. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is kr26.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nordea Bank Abp's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nordea Bank Abp was 8.00% per year. The lowest was -0.70% per year. And the median was 5.00% per year.

As of today (2026-09-15), Nordea Bank Abp's current stock price is kr131.45. Nordea Bank Abp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr26.48. Nordea Bank Abp's Cyclically Adjusted PS Ratio of today is 4.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordea Bank Abp was 6.31. The lowest was 2.36. And the median was 4.23.


Nordea Bank Abp  (OCSE:NDA DK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nordea Bank Abp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=131.45/26.478
=4.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordea Bank Abp was 6.31. The lowest was 2.36. And the median was 4.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nordea Bank Abp Cyclically Adjusted Revenue per Share Related Terms


Nordea Bank Abp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nordea Bank Abp's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nordea Bank Abp Cyclically Adjusted Revenue per Share Chart

Nordea Bank Abp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.38 23.76 24.76 24.77 25.65

Nordea Bank Abp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.37 24.76 24.96 25.66 26.48

OCSE:NDA DK vs USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Nordea Bank Abp's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordea Bank Abp Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's Cyclically Adjusted PS Ratio falls into.


OCSE:NDA DK
59GF Score
Nordea Bank Abp OCSE:NDA DK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordea Bank Abp Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nordea Bank Abp's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.33/125.0700*125.0700
=13.330

Current CPI (Jun. 2026) = 125.0700.

Nordea Bank Abp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.969 100.540 6.181
201612 5.166 101.020 6.396
201703 4.921 100.910 6.099
201706 4.838 101.140 5.983
201709 4.742 101.320 5.854
201712 4.487 101.510 5.528
201803 4.724 101.730 5.808
201806 5.048 102.320 6.170
201809 4.156 102.600 5.066
201812 6.003 102.710 7.310
201903 4.295 102.870 5.222
201906 4.347 103.360 5.260
201909 4.237 103.540 5.118
201912 4.245 103.650 5.122
202003 4.116 103.490 4.974
202006 4.286 103.320 5.188
202009 4.212 103.710 5.079
202012 4.535 103.890 5.460
202103 4.738 104.870 5.651
202106 4.947 105.360 5.872
202109 4.773 106.290 5.616
202112 5.054 107.490 5.881
202203 4.135 110.950 4.661
202206 5.323 113.570 5.862
202209 5.351 114.920 5.824
202212 6.309 117.320 6.726
202303 6.473 119.750 6.761
202306 6.654 120.690 6.895
202309 6.609 121.280 6.816
202312 6.665 121.540 6.859
202403 7.014 122.360 7.169
202406 8.126 122.230 8.315
202409 8.440 122.260 8.634
202412 7.311 122.390 7.471
202503 8.229 123.010 8.367
202506 9.205 122.530 9.396
202509 8.869 122.880 9.027
202512 8.922 122.670 9.097
202603 8.680 124.670 8.708
202606 13.330 125.070 13.330

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of kr26.48 mean?
Nordea Bank Abp (OCSE:NDA DK) has a Cyclically Adjusted Revenue per Share of kr26.48 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordea Bank Abp and its competitors.
Is Nordea Bank Abp's Cyclically Adjusted Revenue per Share too high?
Nordea Bank Abp's current Cyclically Adjusted Revenue per Share is kr26.48. Overall, Nordea Bank Abp has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's Cyclically Adjusted Revenue per Share compare to USB?
Nordea Bank Abp's Cyclically Adjusted Revenue per Share of kr26.48 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordea Bank Abp and its competitors. Nordea Bank Abp's current Cyclically Adjusted Revenue per Share is kr26.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (OCSE:NDA DK) is currently considered Significantly Overvalued. The stock's GF Value™ is kr88.61, compared to a current price of kr131.45 — trading 48.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr26.48. Nordea Bank Abp's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Nordea Bank Abp (OCSE:NDA DK), the current Cyclically Adjusted Revenue per Share is kr26.48 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordea Bank Abp (OCSE:NDA DK) Overvalued in 2026?

Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued. The current stock price of kr131.45 is trading 48.3% above its estimated GF Value™ of kr88.61. GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.

Key valuation signals for OCSE:NDA DK:

  • Cyclically Adjusted Revenue per Share: kr26.48
  • GF Value™: kr88.61 vs. price of kr131.45 (48.3% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the OCSE:NDA DK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordea Bank Abp Business Description

Address Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
59GF Score

Get the complete analysis for OCSE:NDA DK

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr131.45
Price
kr88.61
GF Value